Press release
Light Emitting Diode (LED) Global Market Report 2022-2031 | Market Demand, Scope, Overview And Top Key Players are OSRAM Licht AG, Cree Inc., Phillips Lighting Holding, Lumiled holding B.V, Cooper Industries
The global light emitting diode market is expected to grow from $61.33 billion in 2021 to $71.04 billion in 2022 at a compound annual growth rate (CAGR) of 15.8%.The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The LED market is expected to reach $113.40 billion in 2026 at a CAGR of 12.4%.The Business Research Company offers the Light Emitting Diode (LED) Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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The light emitting diode (LED) market consists of sales of light emitting diode and related services. It is widely used in backlighting of TV, mobile phones, automotive lighting and display boards. A light emitting diode emits light as electrical current passes through it. LEDs are very small, consumes less electric power and can emit lights of different colors based on the semiconductor used in it.
Some key light emitting diode (LED) market players are OSRAM Licht AG, Cree Inc., Phillips Lighting Holding, Lumiled holding B.V, Cooper Industries, Virtual Extension, Dialight plc, Zumtobel Group AG, Samsung, Sharp Corporation, LG Innotek, and General Electric Company.
The countries covered in the global light emitting diode (LED) market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global light emitting diode (LED) market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Light emitting diode (LED) Market Segmentation:
1) By Product Type
LED Lamps
LED Fixtures
2) By Technology
Basic LED
High Brightness LED
OLED
Polymer
Ultra Violet LED
3) By End-User
Residential
Commercial
Industrial
See more on the report at https://www.thebusinessresearchcompany.com/report/light-emitting-diode-global-market-report
The Report's Table Of Contents includes
1. Executive Summary
2. Light emitting diode (LED) Market Characteristics
3. Light Emitting Diode (LED) Market Trends And Strategies
4. Impact Of COVID-19 On Light Emitting Diode (LED)
5. Light Emitting Diode (LED) Market Size And Growth
……
27. Light Emitting Diode (LED) Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Light Emitting Diode (LED) Market
29. Light Emitting Diode (LED) Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the light emitting diode (LED) market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that excels in company, market, and consumer research. It has published over 3000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
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